-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 E8GXjW9J6isgWNjpzsTUnK2VqzCg0gRfy2Pu2LoySnfd6TwtHqklu1BGLctjN4SR
 1z1IyMWOo7aC4SF78jz8+Q==

<SEC-DOCUMENT>0000898432-09-001448.txt : 20091208
<SEC-HEADER>0000898432-09-001448.hdr.sgml : 20091208
<ACCEPTANCE-DATETIME>20091208134717
ACCESSION NUMBER:		0000898432-09-001448
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091208
DATE AS OF CHANGE:		20091208
EFFECTIVENESS DATE:		20091208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PENTHERA PARTNERS INC
		CENTRAL INDEX KEY:			0001435448
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-118306
		FILM NUMBER:		091228235

	BUSINESS ADDRESS:	
		STREET 1:		3030 PENN AVENUE
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15201
		BUSINESS PHONE:		412-281-2900

	MAIL ADDRESS:	
		STREET 1:		3030 PENN AVENUE
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15201
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001435448</cik>
        <entityName>PENTHERA PARTNERS INC</entityName>
        <issuerAddress>
            <street1>3030 PENN AVENUE</street1>
            <city>PITTSBURGH</city>
            <stateOrCountry>PA</stateOrCountry>
            <zipCode>15201</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>412-281-2900</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>ABSL Inc.</previousName>
            <previousName>Berger Leinhardt Technologies, Inc.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Laura</firstName>
                <middleName>A.</middleName>
                <lastName>Perella</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Penthera Partners, Inc.</street1>
                <street2>3030 Penn Avenue</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15201</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Adam</firstName>
                <middleName>L.</middleName>
                <lastName>Berger</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Penthera Partners, Inc.</street1>
                <street2>3030 Penn Avenue</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15201</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Samuel</firstName>
                <lastName>Leinhardt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Penthera Partners, Inc.</street1>
                <street2>3030 Penn Avenue</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15201</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Patrick</firstName>
                <lastName>McVeigh</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Penthera Partners, Inc.</street1>
                <street2>3030 Penn Avenue</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15201</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Telecommunications</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-08-024584</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2008-05-02</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Promissory notes convertible into equity</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>12500</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1200000</totalOfferingAmount>
            <totalAmountSold>1200000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>19</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>PENTHERA PARTNERS INC</issuerName>
                <signatureName>/s/ Laura A. Perella</signatureName>
                <nameOfSigner>Laura A. Perella</nameOfSigner>
                <signatureTitle>Vice President</signatureTitle>
                <signatureDate>2009-12-07</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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